Updated for 2019: The VA home loan remains a great option for eligible Vets to purchase a home with no money down. Below we will discuss the latest 2019 VA loan guidelines and any changes buyers … [Read more...] about 2019 VA Loan Guidelines
National Mortgage Blog
UPDATE: Please see new 2019 Conforming Loan Limits here The new 2018 Conforming mortgage limits have been announced. The conforming loan limits have increased from $424,100 to $484,350 for most … [Read more...] about 2018 Conforming Mortgage Limit
Financing real estate has evolved over the years but there really is one primary difference and that relates to the type of property being financed. Is the property a commercial enterprise or is the … [Read more...] about Commercial vs. Residential Loan Differences?
The FHA 203k is a special renovation or "rehab" mortgage that provides financing for both the purchase and renovation of a home. Below we will discuss the FHA 203K loan details & benefits in … [Read more...] about FHA 203K Loan Details & Benefits
Update ** this program is no longer being offered as of Aug 2018. The FHA 203(h) program is a mortgage for people replacing homes that were destroyed in disasters. Under the Federal Housing … [Read more...] about FHA 203(h) Loans For Disaster Area Florida,Texas
We are often asked if there are Jumbo mortgages for first-time buyers? The short answer is yes, there are flexible loan options today available up to 95% financing. It's not uncommon for first-time … [Read more...] about Jumbo Mortgages First Time Buyers?
Insurance coverage can be issued for most any type of asset. There is automobile insurance that covers the automobile in case of an accident as well as liability coverage. Any personal property can be … [Read more...] about Mortgage Insurance vs. Homeowner’s Insurance
Home buyers in Philly have an array of home financing choices today from conventional, government and Jumbo loans. Standard conforming loan limits in Pennsylvania are currently set at $484,350 with … [Read more...] about Philadelphia Jumbo Loan Criteria
Mortgage lenders classify maximum loan amounts into both conforming and jumbo. In most parts of the country, these limits are fairly straightforward. The most common conforming loan limit in the … [Read more...] about Conforming, VA, Jumbo Loan Limits California
Many veterans are not aware VA permits jumbo high balance mortgage options much greater than the regular conforming loan limits. In fact, eligible vets purchasing in high-cost locations like Florida, … [Read more...] about VA Jumbo Mortgage For Eligible Buyers